FOSTER L B CO
For the period ended Nov 2, 2026. Filed Nov 4, 2026.
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Nov 2, 2026 · Filed Nov 4, 2026
Contents
EX-99.1 · Infrastructure Solutions Segment
Infrastructure Solutions Segment
| Three Months EndedSeptember 30, · Change · Percent Change | ||||
|---|---|---|---|---|
| $ in thousands, unless otherwise noted: | 2026 | 2025 | 2026 vs. 2025 | 2026 vs. 2025 |
| Net sales | $65,075 | $60,498 | $4,577 | 7.6% |
| Gross profit | $14,245 | $13,320 | $925 | 6.9 |
| Gross profit margin | 21.9% | 22.0% | (10) bps | (0.5) |
| Segment operating income | $4,373 | $4,147 | $226 | 5.4 |
| Segment operating income margin | 6.7% | 6.9% | (20) bps | (2.9) |
| New orders, net1 | $68,660 | $28,416 | $40,244 | 141.6 |
| Backlog1 | $108,298 | $107,183 | $1,115 | 1.0 |
Sales for the 2026 third quarter increased $4.6 million, or 7.6%, over the prior year quarter. The increase was driven by sales growth of $3.9 million, or 9.0%, in Precast and $0.7 million, or 4.1%, in Steel Products.
Gross profit for the 2026 third quarter increased $0.9 million, or 6.9%, over the prior year quarter. Precast gross profit improved $0.7 million and Steel Products improved $0.3 million due to higher volumes. Gross profit margin modestly declined 10 basis points to 21.9%.
Segment operating income for the 2026 third quarter increased $0.2 million over the prior year quarter due to improved gross profit partially offset by higher selling and administrative expenses.
New orders, net for the 2026 third quarter increased $40.2 million, or 141.6%, over the prior year quarter, driven by growth in Steel Products, due in part to a $19 million order that was cancelled in the prior year, and a 29.5% increase in Precast. The trailing twelve month book-to-bill ratio 1 was 1.00 : 1.00. Backlog increased $1.1 million over the prior year quarter due to a 52.6% improvement in Steel Products which offset a decline of 11.7% in Precast.
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